25 October 2024

StandardAero has renewed its arrangement with Pinnacle Air Network © StandardAero

StandardAero renews service arrangement with Pinnacle Air Network

MRO & Production

StandardAero has renewed its engine service arrangement with the Pinnacle Air Network, a coalition of 18 reputable independent fixed base operators (FBOs), maintenance, repair and overhaul providers, and aircraft sales and charter companies situated across North America. Under this agreement, StandardAero will provide MRO services for various engine platforms, including the Pratt & Whitney Canada […]

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Xen Aviation & Services has placed an order for its first Islander aircraft

Xen Aviation acquires first Britten-Norman Islander

Aircraft & Engines

Xen Aviation & Services Limited, a start-up domestic operator based in Georgetown, Guyana, has finalised a deal to acquire its inaugural Britten-Norman turbine-powered Islander. This aircraft is set to enhance regional connectivity and support the company’s planned commuter services across the nation. The BN2T-4S, an enlarged turboprop variant of the renowned piston version of the

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The parts agreement between Joramco and Boeing was signed at the MRO Europe 2024 © Joramco

Joramco signs parts agreement with Boeing at MRO Europe 2024

MRO & Production

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility, has signed a parts agreement with Boeing during the Aviation Week Network’s MRO Europe event in Barcelona. The two-year agreement establishes a Boeing tailored parts package, which will encompass consumables and expendable parts sourced from various locations within Boeing’s global parts distribution network. Fraser Currie,

Joramco signs parts agreement with Boeing at MRO Europe 2024 Read More »

GA Telesis is strengthening its fleet portfolio with the acquisition of 23 Spirit Airways Airbus aircraft

GA Telesis to purchase 23 Airbus aircraft from Spirit Airlines

Aircraft & Engines

GA Telesis, LLC, has signed a definitive purchase agreement for 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines. This acquisition marks a significant milestone for GA Telesis, representing the company’s largest transaction involving non-leased aircraft of similar vintages. The aircraft, manufactured between 2014 and 2019, are powered by V2527-A5 and V2533-A5 Select-One™ jet

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TurbineAero has been acquired by Snow Peak Capital © TurbineAero

Snow Peak Capital acquires TurbineAero for global MRO growth

Financial

Snow Peak Capital, LLC, a private equity firm specialising in middle-market investments, has acquired TurbineAero, Inc., the independent provider of MRO services for aircraft auxiliary power units (APUs) and other aero engine components. The acquisition was made from The Gores Group, a global investment firm, though specific financial details were not disclosed. TurbineAero, founded in

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CF34-10 engine

BP Aero gains GE CF34-10 engine maintenance authorisation

MRO & Production

BP Aero, a provider of engine maintenance, repair, and overhaul (MRO) services, has obtained new authorisation and execution of GE Aerospace’s CF34-10 technical data licence. This advancement enhances BP Aero’s service portfolio within the ITP Aero group and strengthens the company’s position for future growth in providing full engine lifecycle propulsion services. Securing the CF34-10

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Lilium Jet © Lilium

Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback

Financial

Lilium N.V., the electric aircraft manufacturer, has confirmed that its principal German subsidiaries will initiate applications for self-administration proceedings in the coming days. This move follows a protracted and complex government approval process for a loan from KfW, which was ultimately declined by the Budget Committee of the German Parliament. As Lilium’s international competitors benefit

Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback Read More »

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